Interest earned on nhai bonds


This query is : Resolved 

17 March 2017 Hello Experts,

Wether Income received on NHAI bonds is taxable or Not?
If taxable - then under what head?
If Not- then exempt under which section??

Please help.

17 March 2017 The interset received on NHAI bonds is exempt u/s 10(15)(iv)(h).

17 March 2017 INTEREST RECEIVED FROM NHAI AND REC BOND INVESTED FOR THE PURPOSE OF DEDUCTION U/S 54-EC IS EXEMPT.


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